Up to 10% Annual Interest… Toss Bank Launches "Raise It! 31-Day Installment Savings"

Nurture a Character by Saving Every Day for 31 Days
Base Rate at 1.0% per Annum... Preferential Rates Increase with More Deposits

Toss Bank announced on August 6 that it will launch the “Raise It! 31-Day Installment Savings Account.”

This product allows customers to make deposits over a 31-day period while nurturing a character. The original “Raise It! Savings” offered the concept of raising animal friends, but this new product has been reimagined as a 31-day short-term savings experience.

The base interest rate is 1.0% per annum, and additional preferential rates are applied depending on the number of successful deposits. If customers successfully deposit for 3 days, the interest rate increases to 3% per annum; for 7 days, 4%; for 14 days, 6%; for 21 days, 8%; and for 31 days, the maximum rate of 10% per annum is applied. The preferential interest rate is determined by the number of successful deposit days up to the maturity date.

While saving, customers can check the growth progress of a squirrel character. Every day, a mission is given when making a deposit, and depending on the customer's answers, the squirrel's charm, stamina, and intelligence can be increased. As the squirrel evolves through specific evolution cycles, customers receive preferential interest rates accordingly.

A Toss Bank official explained, “Raise It! 31-Day Installment Savings Account is designed so that customers can view savings as fun and easy, much like playing a daily game, instead of feeling that it is difficult or burdensome.”

This content was produced with the assistance of AI translation services.